OCC Enforcement Actions and Terminations for February 2016

WASHINGTON -- The Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations.

All Cease and Desist Orders, Civil Money Penalty Orders, and Removal/Prohibition Orders are issued with the consent of the parties, unless otherwise indicated as a Decision and Order issued by the Comptroller of the Currency.

Copies of the final actions are available for download by viewing the searchable database of all public enforcement actions taken since August 1989 at http://apps.occ.gov/EnforcementActions/.

You may also submit a request electronically to obtain copies through the OCC's online FOIA site, https://occ.secureocp.com/ or by writing to the Comptroller of the Currency, Communications Division, Suite 3E-218, Mail Stop 6W-11, Washington, DC 20219. When ordering, please specify the appropriate enforcement action number.

Civil Money Penalty Orders

No. Name/Bank/City Date

Alabama

2016-009 Danny Wiginton, Southbank, A Federal Savings Bank, Huntsville 1/7/2016

Delaware

2016-007 Santander Bank, National Association, Wilmington 2/8/2016

New Jersey

2016-010 Haralambos S. Kostakopoulos, Fort Lee Federal Savings Bank, FSB, Fort Lee 1/19/2016

2016-011 Yasemin K. Kostakopoulos, Fort Lee Federal Savings Bank, FSB, Fort Lee 1/21/2016

Ohio

2016-008 U.S. Bank National Association, Cincinnati 2/8/2016

Formal Agreements

No. Name/Bank/City Date

New York

2015-147 Bank of China, New York 12/16/2015

Personal Cease and Desist Orders

No. Name/Bank/City Date

New Jersey

2016-010 Haralambos S. Kostakopouls, Fort Lee Federal Savings Bank, FSB, Fort Lee 1/19/2016

2016-011 Yasemin K. Kostakopoulos, Fort Lee Federal Savings Bank, FSB, Fort Lee 1/21/2016

Terminations of Existing Enforcement Actions

No. Type/Bank/City/Old EA# Date

California

2015-148 C&D, Broadway Federal Bank, F.S.B., Los Angeles (EA# 2013-175) 11/23/2015

Delaware

2016-006 C&D, Sovereign Bank, Wilmington (EA# NE-11-17) 2/8/2016

2016-006 C&D, Sovereign Bank, National Association, Wilmington (EA# 2013-125) 2/8/2016

2016-006 C&D, Santander Bank, National Association, Wilmington (EA# 2015-065) 2/8/2016

2016-006 C&D, Sovereign Bank, Wilmington (EA# 2012-019) 2/8/2016

Kentucky

2016-012 FA, The First National Bank of Russell Springs, Russell Springs (EA# 2013-103) 1/13/2016

Missouri

2016-013 C&D, F&M Bank and Trust Company, Hannibal (EA# 2014-050) 1/14/2016

Montana

2016-014 FA, Ruby Valley National Bank, Twin Bridges (EA# 2013-074) 2/1/2016

New Jersey

2016-015 FA, The First National Bank of Absecon, Absecon (EA# 2012-073) 1/20/2016

2016-016 FA, Sun National Bank, Vineland (EA# 2010-125) 1/21/2016

Ohio

2016-005 C&D, U.S. Bank National Association, Cincinnati (EA# 2011-049) 2/8/2016

2016-005 C&D, U.S. Bank National Association, Cincinnati (EA# 2015-066) 2/8/2016

2016-005 C&D, U.S. Bank National Association, Cincinnati (EA# 2013-128) 2/8/2016

Pennsylvania

2016-017 FA, Malvern Federal Savings Bank, Paoli (EA# 2014-132) 1/21/2016